Product Code: ETC191016 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Sodium Bicarbonate market currently, in 2023, has witnessed an HHI of 1257, Which has decreased slightly as compared to the HHI of 2152 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Sodium bicarbonate is a white, crystalline solid with the formula NaHCO???. It is commonly known as baking soda and is produced by taking advantage of the natural deposits of sodium chloride found in many mines around the world. Sodium bicarbonate finds its applications in various industries such as food & beverages, pharmaceuticals, detergents and cleaners, water treatment chemicals etc. In India, it has been used for decades primarily in bakery products to make them rise during baking process due to its leavening action.
The key drivers for growth of sodium bicarbonate market in India are increasing demand from processed food industry which consumes sodium bicarbonate for production of breads & cakes; rising preference of consumers towards healthy foods containing lesser or no artificial ingredients leading to increased use of this ingredient; increasing penetration of convenience stores where packaged snacks become popular choice due to their longer shelf life requiring preservation agents like sodium bicarbonate; growing awareness regarding health benefits associated with consumption of dietary fibers found naturally occurring compounds like chia seeds that require preservatives like this alkaline salt among others.
The main challenges faced by India manufacturers while producing Sodium Bicarbonates include high cost incurred on procuring raw materials required for manufacturing process; compliance related costs such as paying fees & taxes levied on final product sales; competition from other countries providing cheaper imports into India thereby resulting into price wars between domestic producers and foreign competitors thus reducing profits margins further. Additionally availability issues also arise when there are delays/shortages in supplies causing disruption in production cycle leading to loss opportunities or higher cost requirements for acquiring quality material at reasonable prices etc.
Some major players currently operating within India Sodium Bicarbonate Market include Tata Chemicals Limited (TCL), Jost Chemical Co., Sisco Research Laboratories Pvt Ltd., Shree Sai Corporation, Rajvi Enterprise amongst others who have been actively involved developing products catering need specific requirements from different industries consuming these salts over years consistently maintaining their position being one top suppliers country wide having presence across regions including North-East states Gujarat along western coastlines Karnataka Andhra Pradesh Tamil Nadu Madhya Pradesh Uttar Pradesh Punjab Haryana parts Uttarakhand Delhi region accordingly establishing themselves name amongst top most reliable sources locally available international markets same time ensuring constant supply meet demands all sectors concerned throughout year round even under unprecedented circumstances posed COVID
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sodium Bicarbonate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Bicarbonate Market Revenues & Volume, 2020 & 2030F |
3.3 India Sodium Bicarbonate Market - Industry Life Cycle |
3.4 India Sodium Bicarbonate Market - Porter's Five Forces |
3.5 India Sodium Bicarbonate Market Revenues & Volume Share, By By Grade, 2020 & 2030F |
3.6 India Sodium Bicarbonate Market Revenues & Volume Share, By By Form, 2020 & 2030F |
3.7 India Sodium Bicarbonate Market Revenues & Volume Share, By By Application, 2020 & 2030F |
3.8 India Sodium Bicarbonate Market Revenues & Volume Share, By By Type, 2020 & 2030F |
4 India Sodium Bicarbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium Bicarbonate Market Trends |
6 India Sodium Bicarbonate Market, By Types |
6.1 India Sodium Bicarbonate Market, By By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Bicarbonate Market Revenues & Volume, By By Grade, 2020-2030F |
6.1.3 India Sodium Bicarbonate Market Revenues & Volume, By Food Grade, 2020-2030F |
6.1.4 India Sodium Bicarbonate Market Revenues & Volume, By Pharma Grade, 2020-2030F |
6.1.5 India Sodium Bicarbonate Market Revenues & Volume, By Feed Grade, 2020-2030F |
6.1.6 India Sodium Bicarbonate Market Revenues & Volume, By Technical Grade, 2020-2030F |
6.2 India Sodium Bicarbonate Market, By By Form |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Bicarbonate Market Revenues & Volume, By Slurry, 2020-2030F |
6.2.3 India Sodium Bicarbonate Market Revenues & Volume, By Crystal/Powdered Crystal, 2020-2030F |
6.2.4 India Sodium Bicarbonate Market Revenues & Volume, By Liquid, 2020-2030F |
6.3 India Sodium Bicarbonate Market, By By Application |
6.3.1 Overview and Analysis |
6.3.2 India Sodium Bicarbonate Market Revenues & Volume, By Food, 2020-2030F |
6.3.3 India Sodium Bicarbonate Market Revenues & Volume, By Personal Care/Cosmetics, 2020-2030F |
6.3.4 India Sodium Bicarbonate Market Revenues & Volume, By Pharmaceuticals, 2020-2030F |
6.3.5 India Sodium Bicarbonate Market Revenues & Volume, By Flue Gas Treatment, 2020-2030F |
6.3.6 India Sodium Bicarbonate Market Revenues & Volume, By Animal Feed, 2020-2030F |
6.3.7 India Sodium Bicarbonate Market Revenues & Volume, By Cleaning Agent/Detergent, 2020-2030F |
6.3.8 India Sodium Bicarbonate Market Revenues & Volume, By Others, 2020-2030F |
6.3.9 India Sodium Bicarbonate Market Revenues & Volume, By Others, 2020-2030F |
6.4 India Sodium Bicarbonate Market, By By Type |
6.4.1 Overview and Analysis |
6.4.2 India Sodium Bicarbonate Market Revenues & Volume, By Sodium carbonate method type, 2020-2030F |
6.4.3 India Sodium Bicarbonate Market Revenues & Volume, By Sodium hydroxide method type, 2020-2030F |
6.4.4 India Sodium Bicarbonate Market Revenues & Volume, By Nahcolite extraction type, 2020-2030F |
7 India Sodium Bicarbonate Market Import-Export Trade Statistics |
7.1 India Sodium Bicarbonate Market Export to Major Countries |
7.2 India Sodium Bicarbonate Market Imports from Major Countries |
8 India Sodium Bicarbonate Market Key Performance Indicators |
9 India Sodium Bicarbonate Market - Opportunity Assessment |
9.1 India Sodium Bicarbonate Market Opportunity Assessment, By By Grade, 2020 & 2030F |
9.2 India Sodium Bicarbonate Market Opportunity Assessment, By By Form, 2020 & 2030F |
9.3 India Sodium Bicarbonate Market Opportunity Assessment, By By Application, 2020 & 2030F |
9.4 India Sodium Bicarbonate Market Opportunity Assessment, By By Type, 2020 & 2030F |
10 India Sodium Bicarbonate Market - Competitive Landscape |
10.1 India Sodium Bicarbonate Market Revenue Share, By Companies, 2023 |
10.2 India Sodium Bicarbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |